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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Summary of Significant Accounting Policies (Tables)  
Allowances for Doubtful Accounts Table
 
 
Year Ended December 31,
 
 
2013
 
2012
 
2011
 
 
(In Thousands)
At beginning of period
 
$
1,085

 
$
1,849

 
$
2,590

Activity in the period:
 
 

 
 

 
 

Provision for doubtful accounts
 
374

 
(237
)
 
973

Account chargeoffs
 
(110
)
 
(527
)
 
(1,714
)
At end of period
 
$
1,349

 
$
1,085

 
$
1,849

Inventories Table
 
 
December 31,
 
 
2013
 
2012
 
 
(In Thousands)
Finished goods
 
$
73,515

 
$
72,312

Raw materials
 
3,894

 
5,396

Parts and supplies
 
22,668

 
24,497

Work in progress
 
715

 
836

Total inventories
 
$
100,792

 
$
103,041

Property, Plant, and Equipment Table
Buildings
 
15 – 40 years
Barges and vessels
 
5 – 30 years
Machinery and equipment
 
2 – 20 years
Automobiles and trucks
 
4 years
Chemical plants
 
15 – 30 years
Goodwill Table
 
 
Fluids
 
Production Testing
 
Compressco
 
Offshore Services
 
Maritech
 
Total
 
 
(In Thousands)
Balance as of December 31, 2010
 
$

 
$
23,035

 
$
72,161

 
$
3,809

 
$

 
$
99,005

Goodwill adjustments
 

 

 

 
127

 

 
127

Balance as of December 31, 2011
 

 
23,035

 
72,161

 
3,936

 

 
99,132

Goodwill acquired during the year
 

 
90,472

 

 

 

 
90,472

Balance as of December 31, 2012
 

 
113,507

 
72,161

 
3,936

 

 
189,604

Goodwill adjustments
 

 
(1,445
)
 

 

 

 
(1,445
)
Balance as of December 31, 2013
 
$

 
$
112,062

 
$
72,161

 
$
3,936

 
$

 
$
188,159

Fair Value Measurements on a Recurring Basis Table
 
 
 
 
Fair Value Measurements Using
 
 
Total as of
 
Quoted Prices
in Active
Markets for
Identical
Assets
or Liabilities
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
Description
 
Dec 31, 2013
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
 
(In Thousands)
Asset for foreign currency derivative contracts
 
$
104

 
$
104

 

 

Liability for foreign currency derivative contracts
 
(52
)
 
(52
)
 

 

Total
 
$
52

 


 

 

Fair Value Measurements on a Nonrecurring Basis Table
 
 
 
 
Fair Value Measurements Using
 
 
 
 
Total as of
 
Quoted Prices
in Active
Markets for
Identical
Assets
or Liabilities
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
 
Year-to-Date
Impairment
Description
 
Dec 31, 2013
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Losses
 
 
(In Thousands)
Offshore Services assets
 
$
3,000

 
$

 
$

 
$
3,000

 
$
9,285

Other
 

 

 

 

 
293

Total
 
$
3,000

 

 

 

 
$
9,578


A summary of these nonrecurring fair value measurements as of December 31, 2012, using the fair value hierarchy is as follows:
 
 
 
 
Fair Value Measurements Using
 
 
 
 
Total as of
 
Quoted Prices
in Active
Markets for
Identical
Assets
or Liabilities
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
 
Year-to-Date
Impairment
Description
 
Dec 31, 2012
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Losses
 
 
(In Thousands)
Offshore Services assets
 
$
14,000

 
$

 
$

 
$
14,000

 
$
8,360